Dividend reinvestment plan strike price

Meridian Energy Limited advises that the price at which shares will be issued for the 2023 Interim Ordinary Dividend under the Company's Dividend Reinvestment Plan (DRP) is NZ$5.2126 per share. The issue price has been determined, in accordance with the DRP, as the volume weighted average sale price for a share, calculated on all sales of shares which took place through the NZX Main Board over a period of five business days starting on 7 March 2023. Shareholders who have elected to participate in the DRP, will receive shares, instead of cash, in respect of the 2023 Interim Ordinary Dividend on 23 March 2023. End CA:00408276 For:MEL Type:GENERAL Time:2023-03-14 09:24:59